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: in the new environment, our party faces many severe challenges. >> since then, the president's promised big reform, meant to shift the economy from fast paced to sustainable growth. those reforms are sure to be on the agenda at the national people's congress where investors hope the new administration will show they plan to walk the talk of reforms. investment house barclay's expects the government's anti-corruption drive to pick up speed after president xi jinping speeded up a campaign aimed at rooting out -- the brokerage, like many other firms hopes to see changes that would make the economy more account oriented. measures to help liberalize the financial sector and allow the currency to trade more freely. >> china policymakers are interested in bringing in more exchange rate flexibility. they need to have that before they open up their capital economy. >> reforms have raised awareness that this environmental problem can quickly become a social one. the pollution is a rut of years of double digit growth, no longer expected with the new leadership. most investors believe the government wi
positions in the government going around and questioning climate change. this is what the environment secretary says -- people get very emotional about it. people should just accept the climate has been changing for centuries. the energy minister went on about climate change. you are not going to draw me on that. i haven't had time to get into the climate change debate. [laughter] he is the energy minister, mr. speaker. will the prime minister clarify, is he happy that there are climate change deniers in his government? >> this is obviously the new approach to prime minister's questions. you come in and praise the prime minister for his commitment to climate change. i like the new style. i think this is much more refreshing. this government has a solid track record of cutting carbon and investing in nuclear. the biggest renewable energy program we have seen in this country, for the first time in a long time we are on track to the renewable target. perhaps he would like to get up again and congratulate me on the record on the energy environment. >> the whole country will have heard the
corruption, the gap between rich and poor, and threats to the environment. but amidst all of this, china's economy continues to grow. president xi jinping and his administration are pushing ahead with reforms, as they aim for long-term stability. we'll have insight, and analysis, all week as part of our series, "china: road to reform." let's take you live now to beijing where nhk world's raja pradhan is leading our coverage. >> hi, gene. in two days, china's biggest annual political event kicks off right here in the capital, and preparations are fully under way. one of the biggest concerns right now is security. as thousands of representatives arrive here in beijing. there's even a bigger security presence because of this weekend's deadly attacks in the southern city of kunling. here's a look at what i saw around the meeting venue. tiananmen square in the center of beijing is also the center of political power. directly to the west is the great hall of the people, where just once a year china's biggest issues are put forward, prioritized and discussed. china's top decisionmakers are gath
expanding. the markets are going to find the environment stuff. what is the concern china or deflation? >> i don't think there will be deflation and i think we will see a long time of low growth. i don't think inflation will be a problem. of alarm also it's bells and i like to put the word demand in front of deflation. and thatalling wages means following command and a negative spiral. it is not just falling prices. is lots of sectors. you see groups and things like that. falling realu have wages that that is the problem. the cycle that japan went through and if you do not touch it at the right time, it is difficult to turn around. are we in a scenario like that? deflation and the specter of it hanging over us unless handled correctly. >> one of the characteristics of japan that contributed to the slow growth was a rapidly-aging population and people having a lower propensity to consume. that changed the balance of growth in the economy. there are european economies that have rapidly aging populations and it appears to be a social issue and an issue that has a profound economic impact and lo
that they are going to be around tourism and the environment. brown infrastructure. brown opportunities to invest in the direction to bring tourists both ways through the border. a ceremony held in mexico city's towel many cattle angel my hero award the concept is that the capture was distinguished guests medallion on the key to the sixty five has signed agreements to imprint sites or services to the estimate to fall eight million mexican migrants covers all a bit lopsided release. instead kept its icy hold on much of the mountain states on monday with snow forming an attempt to struggling schools and offices closed. to make a subset of the harsh winter threatened as much as ten inches of snow by the end of the day in washington baltimore and elsewhere in the meat atlantic region school systems in baltimore washington in many suburban areas but close as roll smithsonian museums. except for the national and space museum. more than two thousand one hundred flights in the notice states the council on monday according to the gym and prayers. as chancellor unto them will visit israel relations between
-quarter revenue. "turbo" were disappointing. this is the most competitive feature environment he's ever seen. they will withdraw world cup t-shirts after they complained it a link to the country with sexual activity. the world's largest --second-largest sports company said they were only available in the u.s.. >> 643 a.m. in london. brazil is also the king of car crime, bad news for owners but makerews for the israeli of car tracking devices reporting record earnings largely thanks to brazil's auto theft explosion. middle eastern attic or elliott gotkine has more. with theen speaking chief executive? >> their biggest market thanks to this explosion of auto theft, brazil is just as important. of 10,000 vehicles are stolen, 40% worse than the second worst country, south africa. the chief executive says it will continue to be a very good market for them. very attractive to us because of two main reasons. brazil is becoming a more western company. more insurance companies are involved in more car manufacturers are involved. more people are using cars. on the other hand, still emerging markets. ,
. this is what the environment secretary said, and i quote, people get very emotional about this. people should just accept the climate has been changing for century. he refuses to be briefed on climate change. the energy minister when asked about climate change said this -- you're not going to draw me on that. i haven't had time to get into the climate change debate. [laughter] he is the energy minister, mr. speaker. will he clarify? is a habit of climate change deniers in this government? >> this is a new approach to prime minister's questions. you come to the house of commons and praise the prime minister for his commitment to climate change. [shouting] i like the new style but i thought -- i think this is much more refreshing. this government has a solid track record of cutting carbon, negotiating internationally, to of investing in nuclear, the biggest renewable energy program that we've seen in our countries history. for the first time in a long, we are on track to meet up renewable target. perhaps he would like to get up again and congratulate me for this excellent record on the environm
you, mr. richie. supervisor tang, any questions? okay. thank you. mr. rodriguez from the environment department. >> good afternoon. i want to spend some time to talk about education activities that our department takes in support to get around conservation to city san franciscans and water users and we play a role to sf puc and do many activities. one that i wanted to focus on our if i can is our school education program and working with san francisco unified and various schools in order to do that. also i have a quick powerpoint. if we can put the that up as i walk through the items. since 2001 our school education team has been involved in water education. thanks to the support from the san francisco public utilities commission. we have designed a program called save our bay which we target to 5th grade classes merely teaching about water pollution prevention and promote water conservation. today we given over 800 presentation to 5th graders reaching about 25,000 students here in san francisco. in addition the team has developed a variety of fact sheets about environmental topics i
and blind development. we must strengthen the economic environment and resolve to take forceful measures to complete this challenging task. >> now, we heard the announcements from before and there are many people who are worried about whether or not the government at the end of the day is really going to be willing to sacrifice growth in order to try to push through some of these reforms and address some of on these issues, not only on pollution, but also on debt. in terms of pollution, people are saying that if you really want to shut down a lot of these factory webs you could end up with a lot of workers who don't have any place to go. that is one of the main concerns that could actually leave some questions in people's minds as to whether or not the government will be able to push ahead and make these changes, julia. >> thank you. and if i also noticed a 12.5% rise in their defense budget, too. we've seen expressions of concern before the japanese, which is perhaps surprising. is that a waste of money? what's the feedback been on that rise? i know it's something they seem to do everyt
cooperation on the economy, security, defense, and the environment, but those ties are now being tested. well let's get more now from abdul, he is a professor of political science at the uae university, and joins us via skype from dubai. thank you for being with us. this does seem like a very public move in a very conservative region. is there any significant importance to the timing of this decision to withdraw the envoys? >> yeah, this is definitely more than brotherly quarrel here. this is serious. we have not seen anything like this in the 33 years of the gcc, and this time around, you know, we were all surprised that three of the gcc's states decided to pull their ambassador. although it was very clear that they were annoyed towards qatar, very angry -- >> what is behind the anger. what is behind this avowance and anger? >> -- very serious move. >> sorry, you probably didn't hear my question. if you could explain what is behind this anger and annoyance towards qatar? i believe we may have just lost our guest there. abdul. unfortunately we will try, though to get him back on skype though.
)-right-paren so they are savvy in the global media environment. >> if they become more influential in the post 14 afghanistan or if they are candidates that are sympathetic and win a seat or two if they are going to be a part of the game or if they are going to be fighting, which i guess they are in some places. if they might somehow get engaged in governing, could they possibly tolerate other voices? can be mature to the level they allow other people to speak as well as them in a more serious afghanistan than the one they ran previously. >> the short answer of that is probably not. there's a lot of wishful thinking that has gone on about the telegram. you could imagine that a woman's are in the political process but they are a relatively small part of that equation. i think the single biggest wild card is what the pakistanis do a serious military operation in north was there a -- wasserstein and the people that have been told has reached the point where the sharif government has said we are serious and that could change for the telegram if they no longer have a safe haven or they
world and they're going to continue to do so. >> are we still in a low interest rate environment despite the fact the fed is tapering? is that your assessment? >> i am quite sure we'll will be in a low interest rate environment. confidence,more , westing more into equities brought in richard buxton and his team and he has ready well -- his ability and pounds his ability and pounds over the last six months. we're seeing people invest more. end of the day, you do not get much return if you've got cash or fixed interest. looks what can you do to counter that -- >> what can you do to counter that when yields remain low? what are you doing to counter that. >> we look at our customers and look at their risk tolerances and we decide -- designed to portfolios to meet those risks. if you're willing to take a bit more risks, they're our alternative products. we believe advice is really important for people. -- we are buying the largest network of restricted an independent financial advisers because we think our proposition is good for solutions. we believe we can expand our offering in the u.k.. >
in this environment. bitt made me a uncomfortable, to say the least. giantnkfully, the galapagos tortoise do not get excited about meal time. they can live months without food. because hee new 18 is going to live to 200. to cornices and lemurs, it shelters rare birds. >> doing very well. right here. >> i see him right there. it was once native to the area of the caribbean and when he moved here, there was not a single one left. >> because they are beautiful, they may have been killed for the feathers. >> branson has a big plan for them. >> once we have enough, we will move them on and hopefully, they will have scarlet ibis there. >> i would never leave. >> yeah. yeah. yeah. >> trish regan, bloomberg. >> whether animal or human. thethose listening on radio, the first word is up next. or our viewers, the pulse is back. we'll talk to the chief executive officer. our top story is that the ukraine is in crisis and we talked to the ukraine ambassador to the k -- the u.k. he seestalk about how this evolving. you can follow us on twitter. i know that there has been good stuff on cars and car pictures. we wi
it or not we want to knit. it comes to power and does so even for the overall environment thereby leading a protest note to result in a democratically elected government being pushed aside so the dinner as long as saying the united states has the government wants. how do you think that government may turn out looking at the current crop of opposition leaders who are now and for all intensive purposes in power there do you think that that could end up being a final government well it's really difficult since when does the situations are so turbulent an ounce of course that the united states is not interested in having a fascist government in place so all we do have these white nationalists take extreme elements alone. some of those in the new korean government united states. it is the one thousand people of color what is holy war is that they will be good to be displaced and that will get more moderate figures that can be more or less controlled. now we've heard promises of financial aid coming from europe do you think europe and also the us would be able to contribute the amount of money
the russian border where they worried their way of life is under threat. >>> plus china's choking environment, smog reaching critical levels. and a change in athletic history. we have more next. we are not meant to be your first choice for entertainment. al jazeera america. we understand that every news story begins and ends with people. >> the efforts are focused on rescuing stranded residents. >> we pursue that story beyond the headline, pass the spokesperson, to the streets. >> thousands of riot police deployed across the capital. >> we put all of our global resources behind every story. >> it is a scene of utter devastation. >> and follow it no matter where it leads - all the way to you. al jazeera america, take a new look at news. >> welcome back to the top stories here on al jazeera. russia has promised to protect its naval fleet in southern ukraine. thprotests have continued into turkey for a second day over a corruption scandal involving the prime minister. turkey's president signed a new law tightening the government's grip on the judiciary which has been investigating claims of corr
are on the environment and are seeking comfort dishes but the police. the arms sales are booming but there are also coming under heightened criticism the industry sold over ten billion dollars worth of weapons in twenty eleven and twenty twelve but is facing awkward questions over and pour into the tiling its use of the palestinian territories as testing grounds. art is falsely year has indeed house. i think there is a very a big elephant in whom it is noted very big fat no reality which is seldom spoken about and that's as far as most people clue when his tools on this industry. the tile has a country the size of the american state of new jersey become the world's six largest exporter people don't really ask what was the what what what the of a small country in the case that it took the power of the of weapons. hilton feldman is a gentleness and to make a decent bbc's award winning documentary an ad in which he argues that israel's occupation of palestine and also to have such a post this weekend's industry. what are you over the world one hour with them which were tested on the ol' us of this the
the environment and are seeking comfort in his book the police. will the situation that has allowed on our website and also the actions that also has a driving force in financing any meat and chicken dishes. so i present for five minutes remaining that region. weapons. and there's good news for the faithful and kindle the sport's governing bodies as it's a painful one and as a team that has become a jury in june. the thing is i'm afraid he's having a major headache for person of the soaring levels of crime is again xd muslims and this is the middle of the side the all stars has held talks on the huns oc some press reports now on a self styled christian patrol stressing to infinity and community tensions the time of the debate given that the coating that is in a patrol in town. but the hills that this small but neat only listen to toast the new tricycle great calling themselves the recent past have responded by holding what they tout christie and two thrones and this patrol comes complete with out a fake who fall through the delivery of the whole thing is almighty. he joins them that they take to t
that most of the paintings are on the environment and are seeking comfort dishes but the police. more analysis on the crisis in venezuela is what are some striking images from the recent bombing run is to become a website. also their international pressure was the only reason im wrong to have everything to ever speak of spiritual issues might be one of the key factors to rise dramatically reducing its atomic program plus covering the head for religious reasons by muslim women has caused much control the sea and some european countries. but if ss. there is no problem with doing it on a football pitch more one on the phone call. the rise in hate crimes against muslims is proving a major challenge for britain muslim patrols displays of islamic extremism in the daylight mother of a soldier in london of all field bomb and sentiment. now with rigid anti christian group is taking justice into his own hands. i got on the debate was given the voting rights is in a patrol in town the hills and small but neat only listen to chose a new tricycle great calling themselves the recent past have this
though it's clear that most of the paintings are on the environment and are seeking competitions but the police. the analysis the crisis in venezuela as well as some striking images from the recent violent rallies on my website. also their international pressure wasn't the only reason iran have everything covered too the tissues might be one of the key factors in law is dramatically reducing its atomic program. plus covering the head for religious reasons but muslim women has caused much controversy european countries. but if us as there is no problem with doing it on a football match on the market outcome. when yard has been investigating the controversial christian group that claims it wants to counter aggressive is on the fifth station. they do it by trying to dry out muslims by drinking and smoking outside one of britain's biggest mosques. surfers have the chance. i don't want to go to the bagel given that the film coating that is in a patrol in town. but the heels of a small but neat only listen to toast the new tricycle great calling themselves the recent past have responde
think that that's the environment which we've been in. why are they so low? it's not because there's so much liquidity. it's because there's a lot of fear. the fed is beginning its tapering program but yet this flood of fears has overwhelmed the fed's withdrawal of some of its monthly stimulus. so i think that if we do see yields go too much lower, it's all a question of why, and i think really the reason now is because you'd see a spike in fear, and that wouldn't be a good thing, but again it's the type of thing i think you can just sort of look through and actually think that maybe in a month from now we're going to see that this is actually -- we're on to the next story. >> rates are low because there's no demand for credit. >> i continue to think that rates are low. we've seen this rally in rates this year, 40 bits in the ten-year in two months because investors really are concerned about some sort of repricing of risk and this happened two weeks after the fed tapered. that's not a coincidence. >> there's no demand for credit on the consumer side. >> if you actually look at the cons
. to remain, it needs to adopt to a rapidly changing commercial environment. >> as well as cutting costs and changing itself, the airline is pushing for a change in the way its regulated. australian's government has been considered lifting restrictions on foreigners with a majority stake in the airline. the country wants the government to garb tee its debts with change from within and a change in regulation, quantity at us management thinks they can help the airline fly high once again. >> you are watching the aljazeera news hour. we have more to come, including the crisis in ukraine, plus the secret files of yanukovych, we reveal the contents of thousands of documents which could incriminate the former president. >> real madrid take a big step toward the quarter finals. details coming up. >> these protestors have decided that today they will be arrested >> these people have chased a president from power, they've torn down a state... >> what's clear is that people don't just need protection, they need assistance. al jazeera america. we open up your world. >> here on america tonight, an o
it needs to adapt to a commercial environment. but as well as cutting costs and changing itself, the airline is pushing for a change in the way it is regulated. australia's government is wering lifting restrictions on foreigners the company also wants the government to guarantee it's steps, with change from within, and a change of regulation the management thinks they can help the airline fly high once again. andrew thomas, al jazeera, sidney. >> other world headlines a second controversial audio tape featuring the tickerrish prime minister has been released. it allegedly captures him telling his son for more money from a businessman, in return for government incentives. he has said the first reporting was a fakes, al jazeera cannot independently verify the authenticity of the tapes. here in cat catar, 12 people have been killed. it is believed -- which tore through the building close to the city's landmark mall. an indian soldier shot five of his colleagues dead before killing himself. he was deployed in a counter terrorism unit. u.s. has just released it's annual global report
sit-in on the environment in a generation. consumer advocates at the environmental working group are warning that a chemical used to make yoga mats and flip flops can now be found in more than 500 food items. the chemical azodicarbonamide is often used in bread, croutons, pre-made sandwiches and snacks made by brands including pillsbury, nature's own, sara lee, kroger and little debbie. the restaurant chain subway recently announced it was phasing out the use of the chemical after an online campaign. the chemical is not approved for food use in australia and europe. and fernando gonzalez, one of the members of the cuban five has been released after mother 15 years behind bars. he was transferred thursday to an immigration prison pending deportation back to cuba. havana,er spoke in praising the release of her son. >> for the cuban people that have been fighting for a long time for this return, it is also a victory. convicted, and later of espionage. they say they were not spying by trying to monitor violent right-wing exile groups. three others remain in prison. and those are some
-blooded murderer or not, you cannot go into that environment with your head in that same place. >> no. >> it's not possible. >> those that have seen him around the track say that that, that, whatever that was, has completely vanished, gone. >> it's obvious. it's very apparent that that person is no longer with us. that as much as reeva steenkamp is no longer on this earth, that oscar pistorius is also gone with her. >> that's all for this edition of "dateline." we'll be back again sunday at 7:00/six: 7:00/six: 7:00/6:00 7:00 . - previously grimm... - your child is very active. that means it will not be long. - it's only been six months. [screams] - we must get you into hiding. we must not arouse the suspicion of prince victor. - we've linked this attack to two other scalpings. so it seems that we have a serial killer who's targeting men in uniform. - "the wildesheer scalp their defeated enemies. "they sew these trophies of war into cloaks of hair, "supposedly giving them the power of the warriors they've defeated." - will you..arry me? [clock chiming] - will you? - yes. i mean, i will. - thi
environment confrontation between security forces and anti-government protesters. they're demanding the release of fellow students detained during two weeks of unrest. more marchs have been called for sunday. at least 18 people have been killed so far. and opposition leader has boycott peace talks called for by president nicolÁs maduro. he believes the crisis will get worse. >> i believe we need to create the conditions to create change. it requires being strong in the face of the government who has had problems of legitimacy from the start. even beyond those problems it has had problems in governing. you have economic problems that are going to start a political crisis. the political crisis in the face of the government that, let's say, covers its eyes that does not want to face problems or resolve problems. it will reach such propulsion that they will tell maduro that you must either fix the problem or go. >> roadblocks in several venezuelan cities. they have been central in the scene of fierce battles between protesters and security forces. we travel to valencia where protesters
a strong economic and diplomatic reaction from the west. but he has also ruled out military environment. he was the man who said ukraine was on the brink of disaster and this is a red alert situation. he has said that crimea is ukrainian territory. ukraine will not give it up. and ultimately the russian occupation as they refer to it and as the west are referring to it will not stand. the question is what exactly this deposit can do. the army obviously is much smaller than the russian army. they have told their troops not to fire the first shot, rather not to give russia a pretext. but they are looking towards the west for support. the question is whether the support that the west does provide will be enough to deescalate this crisis. >> okay. david stern, we'll leave it there. >>> thousands of orthodox jews are in protest over a draft to the army. >> reporter: this is how many of the streets of west jerusalem look right now. traffic has been completely blocked off. thousands of thousands of orthodox jews have come out against government plans to draft more young men from their community in
of dollars to improve the environment these children are living in and contain malnutrition, that becomes more difficult as new syrian refugees arrive in lebanon everyday. and i'm with al jazeera, the valley in lebanon. >> reporter: al jazeera continues to demand the immediate release of the staff being held in egypt, mohamed fahmy and peter greste and baher mohamed are accused of having links with a terrorist organization and al jazeera rejects the charges and from the arabic channel has been held since august and on hunger strike for more than a month to protest against his imprisonment. bin-laden's son goes on trial and he is the highest part of al-qaeda to be prosecuted in a civilian court and we have more. >> and he was more than bin-laden's son-in-law and he was the top spokesman and saying more attacks was coming and 12 years later he is about to go on trial in new york city, one of the first people allegedly linked to september 11th to face the u.s. justice system and his lawyer says authorities are prosecuting the wrong man. >> he is charged with this conspiracy to murder americ
. cinches --ed light sensors. scanning the environment much like a dolphin would but without a click. creating a 3-d map by bouncing infrared light off of everything, making to one half million measurements every second. accelerate, car can brake, or swerve without being told to. is autonomous. >> there is a long way to go in that, though. probably the next big step is cars talking to cars so that the cars can communicate road conditions, safety conditions. i suspect that the technology will be there before the legislation and drivers are ready to accept it. how people feel being overtaken by a car with someone not driving. >> ford aims to have them on the road in the next few years. >> as i just said, we will carry on the conversation tomorrow, the geneva motor show kicks off with plenty of great coverage for you. gm, joining us early on. all the major ceos joining us to tell us what impact the business is seeing when it comes to the ongoing situation in ukraine. 20 minutes to go until "surveillance" and tom keene joins us from new york. amazing market reaction to what we're seeing
. >> it will take millions of dollars to improve the environment these children are living in and contain malnutrition. >> becomes more difficult as new syrian refugees arrive in lebanon every day. >>> libya's parliamentary sessions will be moved to a tripoli hotel after the parliament building was attacked on sunday. two members of the general national congress were shot while the security guard was killed. armed former rebels have been surrounding the area. many libyans are angry that they have extended their term in. >> oscar pretorius has pleaded not guilty to the murder of his girlfriend. >> a defense team will try and prove he shot fine camp by mistake. prosecutors say it was premeditated and will seek a life sentence if prestorious is con corrected. >> the hong kong business tycoon and british british football car son-in-law young has been found guilty of five money laundering charges. the owner of birmingham city was found guilty of launchedering $93 million in hong kong >> reporter: he first came to prominence in 2009 when he bought the birmingham football club. in 2011, the club
in the past has signaled a real frothy environment with companies going public after only one year of being held private. it would be a real benefit for them to start exiting right now while the ipo market is hot. they could get a decent valuation, presumably. $5 billion is what people said they were looking at. which is sizable. >> the question that people have, some cultures are very adverse to private equity. the germans call it locus. >> some people say that they do a great thing, they by companies in bad shape, turn them around, put them back on the market. others think that they play the stock market cycles correctly. things are out of favor, they pick them up and sell them on the wave. >> they get paid millions of dollars to time that correctly. sometimes it works out, sometimes it does not, but it seems to be paying off for these private equity sponsors. >> in the case of j. crew, when they took it private or last time there were multiple lawsuits involved that there was somehow collusion to get it at a cheaper price. those kinds of lawsuits are not entirely unusual, they do happen
focusing on cutting costs, changing management, buying back this environment. it looks as though the process is working. profitable trades earned almost $2 billion in assets. 8.88% in thel down last few months. there are still better stocks out there in the universe. fund they run is still losing money. fund that relies on computer algorithms. they are still sounding a little bit cautious. do not get carried away. 11.6% -- the best day for man group. indeed. you very much caroline hyde, our european business correspondent. flights will be available to the for 10 euros.r margin for wpp hurt. how janet yellen would like to offer the fed's guidance. weaker than forecast data. the economy may be starting to slow. in part from the harsh weather. after the break, we will go to our top interview of the day. lego's ceo. he is live in denmark. soundyou want to hear the of 2000 pieces of legos? it is pretty noisy. i will be back with an interview with lego's ceo. stick around. ♪ >> welcome back. you were watching "the pulse." continuing tensions surrounding the ukraine continues to have
that surrounds her firm right now? >> it has been pretty quiet. we have a competitive environment. it is about generating returns for clients. we have a strong investment process. i think clients have a good understanding of our investment process. we have a very strong bench. great portfolio manager. i am sad to see him go. i was runner-up in europe. we have a strong bench of people. >> phone calls about the stability of the management team and its ability to deliver return? >> we are always in touch with our clients. clients always have questions. it tends to be about managing the assets and not about the personalities. i think i have done a lot of meetings and we talked about this a little bit. clients want to talk about markets and views. i think we are comfortable with the view that we have a strong process proven over time. we have met other people leave in the past. we have had other people leave in the past. >> thank you very much. andrew balls. managing director at pimco. will bringole -- we you a report on how the parent company innotech may be achieving me best profit margins and th
-dominated environment, but in our country we would have considered her a curator of the small museum which if any of you had been to paris and walked from the concorde to the lewd, you walked right past this building as was the kind of early stage indoor tennis court in the 17th century, and it became the central headquarters for the operation in france and paris in particular, and it wass there bu that the tens of thouss of words stolen from the great collectors and fans and others so many of whom were also dealer families were brought in and they were often photographed in inventory to sign and this is a particularly evil or pernicious element of what they did they puwould assign inventory code to these works of art so rothschild is an example, the number next to it would be the number of items that they had stolen, andd i've seen in the tory numbers up almost 6,000, and even that is an understatement because any of the things the monuments officers found, which michael has done a great job in the '80s writing about a lot of this were jewelry chests that might have hundreds of objects that count as on
environment further to that point is an entirely different story right now. the emergency right now is to have a program by the imf and other geopolitical standpoint to have some sort of a dialogue toh russia on the best way get out of this crisis. >> dragon capital was one of a number that signed an international appeal to the investment community. theask that you use all of means to your disposal to promote a peaceful resolution to the conflict -- it goes on. how much can this accomplish? how much can your partners do to influence [inaudible] putin's actions? whether with respect to they can do by having a sort of mature into a discussion with the russian president. we wrote that letter. we signed it together with the in orderestment banks to mark a point and say that anybody can act at its own local level. i believe that the 11% drop in sx today is a political argument being sent to russia saying this has a cost. do not agree with any military intervention, there are a few tools at the disposal of funds and entities around the world to highlight the cost of the current operation. >> did you
is in line with ours and it will be hard to tighten lending standards, improve the environment, and so on. the priority appears to shift from investment to consumption domestically and china. we think they'll timidly will prevail because the main determination they have is to keep it running at those sorts of levels. in the last 24n hours after consolatory words from the russian president, vladimir putin. will the calm last? market pointestern of view interrupted so violently over the weekend and the beginning part of this week that it does seem to have a renewed call man did is very welcome and it certainly fits our view that this will unfold more in the corridors of politics and hopefully anything more violent. that being said, there are a lot of concerns about where it is leading the concerns about the outlook for commodity prices, what happens with ukraine's gas deal with russia, so on. the markets will remain nervous. >> one of your analysts making the point that one reason why violence on the ground may be less likely is the fact that russia has leverage over the ukraine in the shap
. and have loosened it created a two way that. we have more liquid environments prevent the situation where markets react in a negative way. muchve us a sense of how you see this going forward and is now the right time for investors to come out of china? >> i think a lot of investors have been coming out and if you look at the chinese financials, lows for at all-time very long time to compel them in developing markets and you could make the argument that the market is pricing a lot of ourtive news in already and colleagues on the equity strategy side are negative because situations have adjusted so much already. >> i have a question about russia. the market is looking for a defed ration and growth -- deration ingrowth. >> russian was looking to slow before the ukraine and the numbers were weak investment and investment is a poor story. sure. they are coming back and it is negative for quite some time. newsything, the recent affects sentiment and foreign investor sentiment. and the central bank believes that we are below that. reach thought we could 2.5%. where russia and the economic front
the same way as ubs? what is the future for this bank and the environment you just described? i think it is not necessarily a great idea to focus the entire business on private banking. profitability and margins are under pressure. for credit suisse it is a big advantage they have managed to preserve such a large part of their investment banking. it is comfortably covering its cost of capital. count himselfcan lucky that they still have this investment bank and that they have more diversified earnings. credit suisse is not in such a bad position. it is cheap compared to other swiss banks. >> thank you for your analysis, joining us from kepler cheuvreux from frankfurt. crime pays. brazil may have some of the world's best beaches. it is the king of car crime. auto theft revving up business for one company. it is coming up next. ♪ welcome back.g, you are watching "the pulse," live on bloomberg tv and streaming on bloomberg.com. let's take a look at today's hotshot. to get anvils decide unconventional tour of rio de janeiro. .hey flew by the giant statue check out this shot, it shows yo
, everyone. "bloomberg surveillance." tomorrow, we will talk leadership with a business environment that is the 2014 leadership commodity. look for that tomorrow on bloomberg surveillance. >> our guest host is bob nardelli. let's get to some company news now from the files of "hobart west." target, procter & gamble, giving some p&g products less product placement in its stores. amazonmes after p&g let set up shop in the warehouses, allowing them to order products faster. falling for the first time in a decade, the company had just over 431,000 employees after last year. a 10% drop the last time this happened was 2002. coming as ibm tightened costs and to try to break seven straight quarters of falling revenue. telekom wants closer ties with germany's biggest carriers in markets like romania. netherlands, they have artie said that their german unit will introduce the new offer in the spring. course within bloomberg surveillance this morning we have seen headlines from ukraine and russia. vladimir putin, russia, flexing his muscles, the president ordering an urgent drill for troops ac
the environment was going to be like in the jail. he was very helpful. he came with me. and just every step i took towards the room. i remembered every thing that happened on february 20th. i was in so much pain. i had memories of my son. we walked in the room and i face the wall because at that moment, i was still thinking whether i really wanted to face this man or not. the minute they told me he entered the room, i turned around and i did not know what was going to happen. the minute i saw him and i looked so close to his eyes, i saw the evil in him. i saw no remorse and i saw that he was not really sorry. i wanted to tell him in person what my son goes through every day. >> what does your son go through every day? you told us every day you watch your son die. every morning you rush to your son's side because why? >> we live moment by moment with my son because he can suddenly just get sick. he doesn't give a sign that he is going to get sick, but he can get sick to the point where his oxygen drops. we have time to rush him to the er. we call the ambulance to take him to the er. every day my so
, senator, i agree that environment of low rates, low interest rates, especially when it prevails for a long time and we have had a long period of low interest rates, can give rise to behavior that poses threats to financial stability. and, therefore, we need to be looking at that very carefully. and we are doing so in a very thoroughfare way, i believe. there are a number of things that we are monitoring. measures of asset prices and whether or not they appear to be diverging from historical norms, namely it's hard but we're trying to spot any asset bubbles, price bubbles that might be emerging. we're looking at leverage which build up in leverage can be very dangerous to the financial system and pose stability risks. we're looking at trends in leverage. we're looking at credit growth to see whether or not that has potentially worrisome trends. in addition to that, we're looking particularly through our stress tests, at financial institutions and a low-interest rate environment. we have to worry about whether or not they're appropriately dealing with interest rate risk. we have been looking
that type of an environment. hopefully that will improve. >> great to hear your thoughts, daniel morris from tiaa-cref's asset management. >> thanks for getting up early, appreciate it. >>> still to come, the closing keynote address at the world congress. >> the keenly awaited speech right after the break. [ male announcer ] whether it takes 200,000 parts, ♪ 800,000 hours of supercomputing time, 3 million lines of code, 40,000 sets of eyes, or a million sleepless nights. whether it's building the world's most advanced satellite, the space station, or the next leap in unmanned systems. at boeing, one thing never changes. our passion to make it real. ♪ >>> welcome back to the show. facebook and samsung have been in the main newsmakers so far at this year's mobile world dmong barcelona. the social network ceo defended his what's app acquisition and attention turns to data and cloud computing ahead of ib ibm ceo's keynote address. jon forte is live, what should we look out for? >> reporter: this should be big data day here in barcelona. we've had cisco ceo john chambers, joe tuche from emc m
, about other people and the movement. he also really cares about the economics and also the environment. i think that gets forgotten in a lot of this equal rights and stuff. but i really -- i'm hearing my voice going on, on the inform the other room -- >> host: heidi, do you have a question that you would like -- please ask it. >> caller: yes. i would like to know what he thinks about how obama has not really heeded the message that cornel west has about equality and meeting with him. it seems like tavis and west have gone out of their way to hold things in d.c., but that they don't get recognized -- >> host: all right. we got the point. peniel joseph. >> guest: i think it's being. i think somebody like obama -- obviously he has an emerge icon otography in the black community. some kwame would be very critical of obama and his policies, and when you think about cornel west and the critique they've had wednesday president obama, for the first anytime american history we actually had an african-american president. that's presented a conundrum for african-american civil rights leadership,
and get sick and ruin the environment and destroy, but they want to do all kinds -- we have a lot of unconscious behavior as you're aware, right? and i think that if the world meditated, we could make better decision. i think what the buddhist said, check for your yourself. because if you just listen to television, then you'll have a mind full of fluctuation and noise and that promotes sickness and sadness. if you can have a empty mind or a mind that is a little bit more clear, then your happiness comes. it's that simple. happiness, sick and sadness. >> russell, what brought you all of those years ago to meditation? people associate you with hip-hop and i don't think at least then they would have associated quiet meditation with the world of hip-hop. >> i did yoga first. i went to yoga class in brentwood. the teacher steve ross played loud rap music all of the time. i went there because of the chicks. all girls and one guy in yoga 20 years ago. >> that is why you get into anything. >> right. >> of course. i went to yoga and i came out of the first class quiet time and came out you
said it would like it raised by 30%. do you think that right now in this environment, it is little bit radical? the prime minister said it was super flexible. >> in the presence of russian troops in ukraine, what kind of strain does that put on [inaudible] the level of uncertainty is all around the country. the conditions are pretty nervous. -- nowsday of last week, with the presence of russian more money? >> i do not think we need more money. >> the prime minister said some money would be diverted to the military. underfinanced for a long time in the past. the basic expenses should be covered by the ukrainian state. and then there is the gap. if we repay all of the debt it is ad for this year, geo -- from what i hear from the --ld, from what i hear from >> people are talking about this increasing the impetus and the -- it strengthens your hand with the imf. we did not invite any type of troops to help us. s is thesense i international community is more prepared to help before they were for russian troops arrived. >> i did not see the delegation yet. it looks like we will see them tomo
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